Coca-Cola’s decision late last year to close down its recycling division comes amid increasing price pressures on polyethylene terephthalate (PET) bottle recyclers that promise to challenge profitability in the business for the next couple of years.
SPI: The Plastics Industry Trade Association launched its 2014 Safety Statistics and Awards (SSA) Program, inviting the plastics industry to contribute their information to help SPI better understand the state of safety in the plastics industry while being recognized for achieving a level of safety performance above the industry average.
The American Chemistry Council (ACC) disclosed the winners of the 2014 Innovation in Plastics Recycling Awards.
Scott Saunders, general manager of KW Plastics Recycling Division in Troy, Alabama, was re-elected chairman of The Association of Postconsumer Plastic Recyclers (APR), a trade organization representing the plastics recycling industry.
Novolex and Packaging Dynamics Corporation have entered into a definitive merger agreement whereby Novolex will acquire Packaging Dynamics.
Plastic bottle recycling grew 120 million pounds in 2013, edging up 4.3 percent, to top 2.9 billion pounds for the year, according to figures released by the Association of Postconsumer Plastic Recyclers (APR) and the American Chemistry Council (ACC).